mitta3,The charts are there to help us with risk assessment.Draw...

mitta3,
The charts are there to help us with risk assessment.
Draw a line from the tops to tops and then a line from bottoms to bottoms,starting Sept 09 and tell me if you get the 'tip of the wedge' near 80c.
And then,confirm that all the trading since Sept 09 has fallen within that trading pattern,unbroken,including today.
The most recent resistance level was $1.28 and hasn't been broken since 28/1/2010,except briefly on 24/2/2010 and 25/2/2010.
The nearest support line is $0.97 to $1.06 from which the price bounced on 5/2/2010.
Please give me a view as to what would happen if the price broke through $1.06 again and where would the next support level would be(I have it at 90c).
Just asking an opinion from chartist to chartist,to see if we agree or disagree.
Cheers